m
<br /> � m f�] � �
<br /> _ m� Q D �
<br /> � �� � �n �rn IV m
<br /> o � �� Gm7 � C� � �
<br /> c � �n Q � �� C31 C��]
<br /> v � Z� � � �rn Q �
<br /> w � �� � � �00 � �1]
<br /> a _ mm m �D � �
<br /> - m n D � D U] a C
<br /> �o cn � r� �
<br /> - m
<br /> - �� a ��. �
<br /> � v� �`? � �
<br /> � o � Uy
<br /> Z
<br /> Q
<br /> �nrHE�v �E�o�oEv n�Ai�To:
<br /> ExGhange Bank
<br /> GI-Allen Qrive Branch
<br /> '[�4�4 A11en ❑r
<br /> P�Box 5793
<br /> Grand lsland,NE 688Q� FOR RECORDER`S USE�NLY
<br /> DEEC� �F TRUST
<br /> TH�S �3EED �F TRUST is dated �]�taher 24, ��'15, among SHEILA R HULME. A 5ingle Persan
<br /> t�"Trustvr"'�� Exchange Bank� wh�se address is GI - Alien Dri�� Bran�h. '���� AIlen Dr, P� Box
<br /> �793, G�and Island, NE �88�� �referred ta below sometim�s as "Lend�r" and sametimes as
<br /> "B�neficiary"}; and Exchange Bank, whos� address �s P� B�x 397, Kearney, NE ��848
<br /> treferred to be{aw as '"Trustee"�.
<br /> C�NVEYANCE AND GRAiVT. For�aluable�onsideratian,Trus�ar canveys to Trust��in trust, WITH PQWER �F SALE,
<br /> for the benefit of Lend�r as Beneficiary, all of Trustar's right, title, and interest in and to the fal[�v�ring des�ribed r�al
<br /> property, tagether with all existing ar subsequently ere��ed or affiixed tauildings, impro�ements and fix�ures; all
<br /> easem�nts, righ�s ❑f viray, and appurtenan�es; all water, water rights and ditch r'tghts (including sto�k in utilities with
<br /> ditch ar irrigation righ�sy; and all other rights, royalfiies, and pro�it� re�ating to th� real prvper�y, including without
<br /> limitation a�i minerals, oil, gas, geothermal and similar matters, tthe "Rea1 Property"� loc�ted in HALL
<br /> C�unty, State vf Nebraska:
<br /> L�T FIVE �5�. 6LDCK TWENTY-T�IVQ ����, CHARLES 1NA5MER'S ADD�TI�N, CITY �F
<br /> �RAND �SL►4ND, HALL C�UNTY, NEBFiASKA.
<br /> The Rea�f Praperty a� its address is �omman�y known as 'i 52'I W �DENIG ST, �RAND �SLAND.
<br /> N E 5���1. The Rea� Prope�ty tax identificatian number is 4���D86 7�.
<br /> REV�LVlNG LINE DF CREDIT. This Deed of Trust se�ures the lndebtedness incEudin�, without limita�ian, a re�vl�ing
<br /> �ine of�redi�, which obl'rgates Lender#o make ad�ances to Trus�or sa�ong as Trustar complies with al!the terrns af the
<br /> Credit Agreement. Such ad�anc�s may be made, repaid, and remade from time to time, subje�t to the limitatian#hat
<br /> the to�ai outstanding halance owing a� any ❑ne time, not �ncluding frinance �harges on su�h balance a# a fixed or
<br /> War�abl� rate or sum as pra�ided in the Credit Agreernent, any temporary a�erages, other charges, and any amounts
<br /> expended ar advanced as provided in ei�her the Indehtedness paragraph or this paragraph, shal� no� exc�ed the Credit
<br /> Limit as pravided in�he Credit Agreernent. It is the intentivn af Trustor and Lender that this Deed o#Trust secures the
<br /> balance outstanding under the Credit Agreement fram time t��ime from �ero up ta the Credit Limit as prv►►ided in the
<br /> Credit Agreement and any in#ermediate balance.
<br /> Trustor pr�sen#ly assigns to Lende� =also knvwn as Benefiiciary in this Deed vf Trustf all of Trustar's right, titfe, and
<br /> interest �n and t❑ al[ present and future leases of the Proper#y and all Rents from the Property. In addition, Trustor
<br /> grants to Lender a lJnEform Gammercial Code se�urity Enter�st in the Persona! Praperty and Rents.
<br /> THiS DEE❑pF TRUST, fN�LU�ING THE ASSI�NMENT aF RENTS AN❑THE SECURITY INTEREST lN THE RENTS AN�
<br /> PERSDNAL PR�PERTY, IS GlVEN T❑ SECURE {A} PAYMENT OF THE INQEBTEDNESS ANQ �B] PERF�RMANCE❑F
<br /> EAGH aF TRUST�R`S AGREEi111ENT5 AND �BLlGATI�NS UNaER THE CREDIT AGREENIENT, THE RELATED
<br /> DaCUMENTS, AND TH15 ❑EED �F TRUST. THIS DEED �F TRIJST IS GIVEN AND ACCEPTED t�N THE F�LL�1NfNG
<br /> TERMS:
<br /> PAYMENT AND PERF�RMANGE. Except as otherwise pro�ided in this Deed of Trust, Trustor sha�� pay to Lender all
<br /> arnounts secured by this fleed vf Trust as th�y become due, and shall stri�tly and in a timeiy manner per�vrm all af
<br /> Trustor's obliga�i�ns under the�redit Agreement,this Deed of Trust, and the R�lat�d Do�umen�s.
<br /> P�55E551DN AN❑ MAINTENANCE DF THE PRDPERTY. Trust�r agrees that Trustor's passession and use af the
<br /> P�operty shal�be goWerne�hy th��ollo►N+ng pra�fsi�ns:
<br /> P�ss�ssion and Use. lJnti! the accurren�e af an E�ent af Defaul�, Trus�Car may (1� r�main �n passession and
<br /> cantr�l of�he Prvperty, �2� use,opera�e ar manage�the Property; and �3y collect ih�Rents from the Praperty,
<br /> Duty ta Ma�ntain. Trustor sha�l maintain the Praperty in gaad cvndition and promptly perform a1� repairs,
<br /> replacem�nts. and maintenan�e necessary�v preser�e its�afue.
<br /> Gompliance With En�ironmental Laws. Trus�or represents and warrants ta Lender that: �1} �3uring the perioc! of
<br /> Trustor's own�rship of t�e Property, there has been no use, generation, manufa�ture, �torage, treatrnent, dispvsal,
<br /> release ar�hr�atened release of any Hazardous Substan�e by any person ❑n, under, about or fram th� Proper�y;
<br /> �2� Trustor has n4 kn�wledge ❑f, ❑r reas4n ta belie�e�hat there has been, ex�ept as previously �isclased to and
<br /> a�knowfedged by Lender in wr�ting, �a� any breach or �ivlatian ofi any Environmental Laws, �by any use.
<br /> generation, manufacture, s�vrage, treatment, dispvsal, release or threatened r��eas� of any Hazardous 5u�stance
<br /> on, under, ahaut or from the Proper�y by any prior ov+�ners ❑r occupants a# the Property, or {c� any actual or
<br /> threatened litigati�n or clairns of any kind by any person r�lating t� such matte�s; and t3} Except as pre�iously
<br /> disclosed t❑ and acknowledged by Lender in writing, �af n�ither Trustor nvr any tenant, cvntractvr, agent ar other
<br /> autharized user of the Praperty shali use, generate, manufac�ure, stvre, �rea�, dispvse o#or refease any Hazardaus
<br /> 5ubstan�e on, under, abaut or fram th� Prvperty; and �b� any such acti�ity shall k�e canduc��d in compliance with
<br /> a!� appiEcable federal, ��ate, and facal IaWSr regulations and ardinances, including without limitat�on a[I
<br />
|